Drilling & production

100 Chinese investors participated and discussed investment in oil and gas with the African country's Ministry of Mines and Hydrocarbons’ delegation.

Located in close proximity to the major industrial hubs on the US East Coast, Marcellus and Utica shale plays in the Appalachian basin have witnessed steady natural gas production growth over the last five-six years.

The company is aiming to raise up to £8.25 million through the issuance of new ordinary shares.

Recoverable resources are estimated at 22 million bbl of oil.

Quality Intervention was founded in 2008 and provides a portfolio of products and service, including coiled tubing technology , annular integrity technology and in-situ wellhead remediation tooling.

The technology from Drilling Systems mirrors the environment of a working onshore rig, enabling the simulation of various operational scenarios in a controlled atmosphere, including stuck-pipe and well-control incidents.

The energy-saving marine compressed air system is to be delivered for a mid-water semi-submersible drilling rig.

Churchill Drilling Tools' dart activated HyPR HoleSaver was used to sever the drill string and plug and abandon the section.

The agreement secures for the company immediate access to up to 90 000 bbl of storage capacity at Georgian Oil and Gas Corporation's main facility near the town of Sartichala, located some 30 km from West Rustavi.

GulfSlope Energy will retain and deploy a supra salt evaluation team consisting of three geoscientists and a manager to identify, evaluate and recommend targets for lease acquisition, farm-in and drilling.

The contracts are for a two-well project in Block 10 and 29 in the Gulf of Mexico.

The increase in medium crude from Brazil will be one of the few sources of non-US supply growth this year, says ESAI Energy's Latin America Watch.

Drilling and testing at Bainet West are expected to take 15 - 20 days to complete.

The company's recently published North America Watch attributes the growth in output to increasing rig productivity and efficiency gains in areas outside of the Bakken core.

The workshop in Juba, South Sudan, will focus on domestic capacity building amongst South Sudanese companies across the oil value chain, and focus on training executives on securing contracts within the local oil and gas sector.